St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-05
THE COMMERCIAL RECORD.
Everything Was Strong on the Chicagl
Board Of Trade on Sat-
grday.
Corn Helped Pork, and Settled Feeling
in Grains Was a Potent
Factor.
Transactions in the Financial Circles of
Wall Street.-The General
Quotations.

CEIcAeo, Dec. 3.-There was more settled
feeling in the grains at the opening of
change this morning, the first sales being at
exactly yesterdays closing prices, or S5l2c
for May wheat But it was strong, neverthe-
less, and within ten minutes got up to 857sc.
Corn was also inclined to be q bullish market,
opening at 5Issc for May, selling up TO 54s4c,
then weakening to 54l2c. recovering later
and going up TO 547sc. January pork opened
ct sI462I2 and advanced 10c within as
many minutes At the end Of the first hour s
business the country contingent was ahead.
After the heavy realizing of yesterday the
lightweight local traders concluded
that the market was sale, and
acted Oh that idea. The heavy traders,
as a general rule, were holding back
and taking no active part. The flood of early
traders from the country sent corn up to
b5Is for May before 1890, and wheat went
up to S6ls@s64c for May. There was some
disposition on the part of both the local and
country crowd 10 do less business after this
time, and May wheat settled down into a
steady market around sec, and May corn did
likewise at soc. Provisions were the most
quiet deal of all, but the strength in corn
frmed January pork up to S14.77l2 but it,
too. became firm with the other markets and
was fairly firm around S14.70. Indications
were that comparatively little trading would
be done until after Mondays visible supply
statement had been made public. After May
reached S6I2c it weakened to about S15sc,
and after noon became very steady. Corn
held its own and was steady market all day.
Reports Of greater damage than has been
previously reported are brought up from
Southwest Missouri, Kansas and Nebraska by
parties recently travelling through those sec
tons. They say hogs are also short crop
The effect is TO inspire belief mat prices all
around are going to be higher. The closing
prices for the day were: May wheat, $3.50
S534c; corn, 55c; oats, 335sc: January pork,
$1477I2: January lard, ST.40Ia@7. 42I2; ;
January short ribs, S7.57l2.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-NO. ., December, opened at 7Sc,
closing at 7S$sc; January, 7S5Sc, closing at
TSSSc: February, T9i4c. closing at I9ssc;
May, S5I2c, closing at S05sc. Corn-No. =,
December. opened at 19c, closing at 495Sc;
January. 49ssc closing at 497sc: February,
Dose, closing at 504c: May, 545sc, closing
at 55c. Oats-No. =, December, opened
at 2978c, closing at SOC; January, 294sc. clos
ing ct 30lsc; February, soc, closing at 30Isc;
MAY. 332Sc, closing at 337Sc. Mess Pork-per
Dbl January, opened at SLIGO, closing at
S1477I2; February, S14.72I2, closing at
$3.50; May. Sl5.25, closing at $3.50.
Lard-per l00lbs. December opened at $50,
closing at S7.32I2; January. $40, closing
at 40: February, 500, closing at $500;
May. $3.50, closing at SITE. Short Ribs
per 100 lbs. January opened at S7.57I2. clos
ing at S7.57l2;; February, ,S7:65, closing at
ST.67l2; March, $40, closing at SITE.
Cash auots tons were as follows: Flour,
in fair demand and firm. Wheat-No. .
spring. 7S14G7Sl2c: No. 3 spring, 6S12c bid:
. No. red. TS34n79c. COrn-No. ., 49lac.
Oats-No. >, 29s4@30c. Rye-No. .. 5sl2c.
Barley-No. Q, zoe. Flax seed-No. l. 1.23.
Timothy seed-Prfme, 81 .300231. Mess
pork, per Dbl. SI4.5C@1I15. Lard, per
100 lbs. S7.30@7.32I2s short rib sides
Ooose) S7.5O@7.6O dry salted sho llders
(boxed), 5.9oG6; short clear sides 10 ixedl,
$7.95@S. Whisky-Disti1lers' finished goods,
per gallon, Sl.I0. Receipts-Flour, p, 900
bbls; wheat, 90. GOO bu: corn, 130, 900 bu.;
oats. $1,000 In; rye, 5000 bu; barley,
81 900 bu. 81. p lents-Flour. %. 900 bbls;
wheat, $4,000 va; corn. $1,000 bu: oats,
81 600 bu; rye, 600 bu; barley, $4,000 bu.
On the produce exchange today the butter
market was easier; fancy creamery. 2SIsM
soc; fancy dairy 24@25c. Eggs. 22@23e.